STDEV Multi TimeFrame [Snowdex]STDEV Multi TimeFrame
The STDEV Multi TimeFrame indicator plots standard deviation levels (+1SD, +2SD, +3SD, -1SD, -2SD, -3SD) based on a user-selected timeframe (1D, 1W, 1M, etc.). It helps identify volatility, trend strength, and potential reversal zones using Bollinger Bands-style deviation calculations.
Key Features:
✅ Multi-Timeframe Selection – Choose any timeframe for STDEV calculations.
✅ Customizable Bollinger Bands – Select SMA, EMA, RMA, or WMA as the baseline.
✅ Color-Coded STDEV Levels – Fast (Green), Medium (Orange), Slow (Red).
✅ Non-Repainting & Accurate – Uses request.security() for precise data retrieval.
✅ Extended Lines & Labels – Clear trend monitoring with formatted values.
Use Cases:
📌 Detect trend direction & volatility.
📌 Identify overbought/oversold zones.
📌 Use as dynamic support/resistance levels.
🚀 Ideal for stocks, forex, crypto, and options trading! 🚀
Indicators and strategies
Buyable Gap Ups (BGU) ScreenerBuyable Gap Ups (BGU) Screener
This custom indicator detects Buyable Gap Ups (BGU), designed to identify stocks with significant price movements driven by gap-ups, often signaling strong bullish momentum. It helps traders spot potential opportunities where a stock has gapped up above the previous day's high with increased volume, suggesting the possibility of continued price strength.
Key Features:
Gap Percentage Threshold: Set a minimum gap percentage required for a valid buyable gap-up.
Volume Change Threshold: Identifies gap-ups accompanied by a significant increase in volume compared to the 50-day average.
ATR-Based Gap Detection (Optional): Use Average True Range (ATR) to determine whether the gap is large enough, factoring in recent volatility.
Customizable Lookback Period: Adjust the number of recent bars to track the frequency of BGU occurrences.
Volume Confirmation: Only signals buyable gaps when volume surpasses a defined threshold above the 50-day average.
Input Parameters:
Gap Percentage Threshold: Adjusts the minimum percentage gap for a valid signal.
Volume Change Threshold: Determines the minimum percentage increase in volume compared to the 50-day moving average.
Use ATR Gap: Option to use ATR to determine the minimum gap size instead of the percentage gap.
ATR Multiplier for Gap: Customizes the gap size based on the ATR.
ATR Length: Adjusts the lookback period for calculating ATR.
Lookback Period for BGU: Set the number of bars over which to calculate the BGU count.
Alerts & Signals:
The script will plot signals below bars where a valid BGU condition is met.
Alerts can be set for when a BGU is detected, giving real-time notifications for potential trading opportunities.
This indicator is designed to help traders find stocks showing strong bullish momentum, especially after earnings or other market-moving events, with the potential for continued uptrend. It is ideal for those looking to incorporate gap-based strategies in their trading.
EMA 150 Long StrategyStrategy Setup
The strategy is named "EMA 150 Long Strategy" and is set to overlay on the price chart.
It uses 100% of the account equity for position sizing.
Indicator Calculation
An EMA with a length of 150 periods is calculated using the closing price.
The EMA is plotted on the chart in blue.
Entry and Exit Conditions
Long entry: When the closing price crosses above the EMA
Exit: When the closing price crosses below the EMA
Strategy Execution
The script enters a long position when the entry condition is met.
It closes the long position when the exit condition is met.
Visual Signals
Buy signals (green triangles) are plotted below the bars when a long entry occurs.
Sell signals (red triangles) are plotted above the bars when an exit occurs.
Key Points
This is a long-only strategy; it doesn't take short positions.
The strategy uses crossovers and crossunders of the closing price with the EMA for entry and exit signals.
The EMA length is set to 150
The strategy uses 100% of the account equity for each trade, which can be risky in real trading.
This script provides a basic framework for an EMA crossover strategy and can be used as a starting point for more complex trading systems.
backtest 4years (984.42% proffit, 181trades, 16.57% profitable, max drawdown 34.6%)
BTC 4 hour timeframe
Multi-Timeframe SMA Indicator | Daily & Weekly SMAs🔹 Description:
This Multi-Timeframe SMA Indicator is designed for traders who want a clean and structured way to visualize daily and weekly Simple Moving Averages (SMAs) on their TradingView charts. It automatically adjusts based on the selected timeframe:
📅 Daily Chart:
SMA 5 (Blue)
SMA 20 (Orange)
SMA 50 (Green)
SMA 150 (Purple)
SMA 200 (Red)
🗓 Weekly Chart:
SMA 10W (Aqua)
SMA 40W (Fuchsia)
🛠️ Features:
✅ Automatic Timeframe Detection:
Daily SMAs only appear on daily charts
Weekly SMAs only appear on weekly charts
✅ Distinct Colors for Each SMA – Makes it easy to differentiate moving averages.
✅ Slightly Thicker Lines – Ensures better visibility.
✅ Labels on SMA Lines – Helps identify each SMA directly on the chart.
✅ SMA Reference Table (Top-Left Corner) – Shows SMA names & colors for quick reference.
🎯 How to Use This Indicator?
📌 For Swing Traders & Long-Term Investors:
Use SMA 50, 150, and 200 to identify overall trend direction.
Monitor the weekly SMA 10 & 40 to gauge broader market strength.
📌 For Short-Term Traders:
Use SMA 5 & 20 for momentum and trend shifts.
🚀 Perfect for traders who rely on multi-timeframe analysis to make better trading decisions!
🔍 Like this indicator? Don't forget to 🌟 Favorite & Share with your trading community! 🚀📊
Explosive Move Fibonacci Levels### **Explosive Move Fibonacci Levels - Indicator Description**
The **Explosive Move Fibonacci Levels** indicator is designed to identify significant price movements and automatically plot Fibonacci retracement levels based on the detected move. It provides traders with a **customizable** tool for analyzing market reactions to explosive price shifts.
#### **Key Features:**
✅ **Detects Explosive Moves**
- Uses customizable parameters to identify a strong price movement based on:
- Large candle body relative to an average lookback period
- Volume surge exceeding the historical average
- ATR-based volatility expansion
✅ **Automatically Draws Fibonacci Levels**
- Upon detecting an explosive move, the indicator **plots Fibonacci retracement levels** between the high and low of the move.
- Default levels: **23.6%, 38.2%, 50%, 61.8%, 78.6%** (fully adjustable).
✅ **Highly Customizable**
- **Modify Fibonacci levels**: Adjust retracement percentages for your strategy.
- **Customize colors**: Assign different colors to each level.
- **Adjust line properties**: Change line **width** and **style** (solid, dashed, dotted).
- **Control sensitivity**: Tune body size, volume, and ATR multipliers to refine move detection.
✅ **Visual Enhancements**
- Highlights **candles** that triggered an explosive move with a custom color.
- Draws **Fibonacci lines forward** on the chart for easy visualization.
#### **How It Works:**
1. The indicator scans for a candle that meets **explosive move conditions**.
2. If detected, it stores the **high** and **low** of that move.
3. Fibonacci retracement levels are calculated and plotted **forward** on the chart.
4. The **most recent explosive move** remains visible while previous levels are cleared.
### **Best Use Cases:**
📈 **Momentum Trading** – Identify strong moves and use Fibonacci levels for entries/exits.
📉 **Reversal Trading** – Spot potential pullbacks to key Fib levels after strong trends.
🕵️ **Trend Analysis** – Observe retracement behavior for confirming trend strength.
This indicator is ideal for traders looking to integrate **dynamic Fibonacci levels** with momentum-based setups. 🚀
AI Volume Trend Indicator_Finpire🔍 Introduction
The AI Volume Trend Indicator is a powerful tool designed to help traders detect breakout opportunities, institutional accumulation, and distribution in the stock market. This indicator identifies volume contraction, liquidity levels, and On-Balance Volume (OBV) trends, providing insights into potential breakouts and trend reversals.
Perfect for traders who follow Mark Minervini’s SEPA Strategy, Wyckoff Volume Analysis, and Institutional Accumulation Concepts. 🚀
📊 Key Features
1️⃣ Volume Contraction (Breakout Alert)
🔹 Identifies low volume contractions where current volume is < 75% of the 50-day average volume.
🔹 Breakouts often occur after a period of volume contraction, making this a key filter for traders.
🔹 Yellow Triangle (🔼) appears below volume bars when contraction is detected.
2️⃣ Institutional Accumulation & Distribution
📈 Green Circle (🟢) - Institutional Buying (Accumulation)
🔹 OBV (On-Balance Volume) is rising, and liquidity is high.
🔹 Suggests big players are accumulating shares in preparation for a breakout.
📉 Red Cross (❌) - Institutional Selling (Distribution)
🔹 OBV is declining, and liquidity is high.
🔹 Indicates institutional selling pressure, signaling potential trend weakness or reversal.
3️⃣ Volume Bar Coloring for Easy Trend Recognition
✅ Green Bars: Strong institutional accumulation (bullish trend).
✅ Red Bars: Distribution phase (potential selling pressure).
✅ Orange Bars: Volume contraction detected (possible breakout setup).
✅ Gray Bars: Neutral volume behavior.
📢 Alerts & Notifications
💡 Set custom alerts to be notified when:
🔸 Volume contraction is detected (Breakout Watch Alert)
🔸 Institutional buying is occurring (Accumulation Alert)
🔸 Institutional selling is detected (Distribution Alert)
These alerts ensure you never miss a key trade setup! 🚀
📌 How to Use
1️⃣ Apply this indicator on any stock or crypto chart.
2️⃣ Look for Yellow Triangles (🔼) below volume bars to find breakout setups.
3️⃣ Watch for Green Circles (🟢) at the top of bars to spot institutional accumulation.
4️⃣ Be cautious when Red Crosses (❌) appear, signaling distribution.
5️⃣ Set alerts to automate trading decisions.
⚡ Ideal For:
✅ Breakout Traders
✅ Trend Followers looking for institutional support
✅ Swing Traders & Position Traders who want high-probability setups
✅ Crypto & Forex Traders applying volume-based strategies
🔗 Add to Your Trading Toolkit Today!
This AI-powered volume trend indicator simplifies volume analysis and helps identify high-probability trades with institutional backing. 🚀
💬 Let us know your feedback & improvements! Happy Trading! 🔥
🚀 #TradingView #VolumeAnalysis #Minervini #BreakoutTrading #InstitutionalFlow #StockMarket #CryptoTrading #WyckoffMethod
ROBO STB Custom Weekly Candle (Fri-Thu)Description:
This indicator creates custom weekly candles that start on Friday and end on Thursday, instead of the standard Monday–Friday weekly structure in TradingView. It aggregates the open, high, low, and close (OHLC) values from Friday to Thursday and displays them as candlesticks on the chart.
Features:
✅ Custom weekly candles from Friday to Thursday
✅ Dynamic calculation of open, high, low, and close
✅ Works on any timeframe
✅ Helps traders analyze market structure differently
How It Works:
Identifies the custom weekly session based on Friday's start and Thursday's end.
Aggregates OHLC values within this time range.
Resets the values when a new custom week begins.
Plots the calculated weekly candles on the chart.
Use Case:
This indicator is useful for traders who prefer to analyze weekly price movements based on a non-standard start and end day, especially those focusing on forex, crypto, or commodities where trading hours differ.
Notes:
This script does not modify existing candles but overlays new custom weekly candles on the chart.
It does not repaint and updates in real-time.
If you find this useful, like and share! 🚀
RSI + Volume High + ICT Entry SignalWhen the RSI crosses down the 70 level, with a high-volume candle of at least 3% price change. It also has configurable options for showing VWMA and WMA of the RSI, and additional levels for stop loss and ICT model 1 entry criteria.
Internals Elite NASDAQInternals Elite NASDAQ Indicator: Overview and Functionality
Overview:
The Internals Elite NASDAQ indicator is a market breadth tool designed for **NASDAQ market internals analysis**. It provides traders with a **table-based visualization** of various key market metrics that help gauge overall market strength, sentiment, and momentum.
Key Features and What It Does:
The indicator fetches and displays **real-time market internals** by monitoring various breadth indicators, price action, and macroeconomic influences. It presents this data in a **color-coded table overlay** that updates dynamically to reflect changes in market sentiment.
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Market Internals Monitored:
1. TICK Index (TICKQ)
- Measures short-term market sentiment by tracking the number of advancing vs. declining stocks at a given moment.
- Green: Strong positive sentiment (above threshold).
- Red: Weak sentiment (below threshold).
2. Advance-Decline Line (ADDQ) & Moving Average Sentiment
- Tracks the net difference between advancing and declining stocks on the NASDAQ.
- EMA-Based Trend Signal:
- Uses a 10-period EMA to smooth ADDQ values and identify trends.
- Rising EMA suggests broad market strength (bullish momentum).
- Falling EMA** indicates market weakness** (bearish pressure).
- Directional Arrow System:
- 📈 Rising → Market internals improving (bullish).
- 📉 Falling → Weakening breadth (bearish).
3. VIX (Volatility Index) & EMA Sentiment
- Measures market volatility and risk sentiment.
- EMA-Based VIX Trend Analysis:
- Uses a 10-period EMA to track VIX momentum.
- Falling VIX EMA → Market stability & bullish sentiment.
- Rising VIX EMA → Increased fear & bearish conditions.
- Color-Coded Risk Levels:
- Green: Low VIX (market confidence).
- Orange: Neutral/transition phase.
- Red: High VIX (risk-off environment).
4. VWAP Deviation (% Above VWAP)
- Indicates how many stocks are trading above or below the VWAP (Volume Weighted Average Price).
- Used for tracking institutional activity and potential market reversals.
5. M7 VWAP (Mega-Cap 7 VWAP)
- Tracks VWAP levels for AAPL, MSFT, GOOGL, AMZN, META, NVDA, TSLA.
- Indicates whether **major tech stocks** are supporting or dragging the market.
6. Dollar Index (DXY)
- Measures the strength of the U.S. Dollar relative to other currencies.
- Impacts NASDAQ stocks as a weaker dollar tends to benefit tech stocks.
7. US 10-Year Treasury Yield (US10Y)
- Tracks interest rate trends, which influence market liquidity and risk appetite.
8. Bitcoin Price (BTCUSD)
- Cryptocurrency correlation tracking; used as a speculative risk indicator.
9. QQQ Price & Change (%)
- The performance of the *ASDAQ-100 ETF (QQQ) for broader index trend confirmation.
10. Current Ticker Price Change (%)
- Shows the **percentage change** of the selected stock relative to its previous close.
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### How It Helps Traders:
✅ Identifies Trend Strength → Using EMA-based ADDQ & VIX signals for sentiment confirmation.
✅ Detects Market Turning Points → Through TICKQ, VWAP deviation, and M7 VWAP.
✅ Tracks Institutional Activity→ Watching whether mega-cap tech stocks are supporting the market.
✅ Measures Risk Appetite → By integrating VIX, DXY, US10Y, and BTC into the analysis.
✅ Provides Macro Confirmation → Understanding if external factors (like bond yields) are impacting NASDAQ moves.
---
Final Summary:
The Internals Elite NASDAQ is a market internals dashboard that consolidates essential breadth, volatility, macro, and risk indicators into a single view. By incorporating EMA-based trend tracking for ADDQ and VIX, the indicator helps traders confirm bullish or bearish sentiment shifts and make data-driven trading decisions.
Would you like any additional refinements? 🚀
AdvancedLines (FiboBands) - PaSKaL
Overview :
AdvancedLines (FiboBands) - PaSKaL is an advanced technical analysis tool designed to automate the plotting of key Fibonacci retracement levels based on the highest high and lowest low over a customizable period. This indicator helps traders identify critical price zones such as support, resistance, and potential trend reversal or continuation points.
By using AdvancedLines (FiboBands) - PaSKaL , traders can easily spot key areas where the price is likely to reverse or consolidate, or where the trend may continue. It is particularly useful for trend-following, scalping, and range-trading strategies.
Key Features:
Automatic Fibonacci Level Calculation :
- The indicator automatically calculates and plots key Fibonacci levels (0.236, 0.382, 0.5, 0.618, and 0.764), which are crucial for identifying potential support and resistance levels in the market.
Adjustable Parameters :
- Bands Length: You can adjust the bands_length setting to change the number of bars used for calculating the highest high and lowest low. This gives flexibility for using the indicator on different timeframes and trading styles.
- Visibility: The Fibonacci levels, as well as the midline (0.5 Fibonacci level), can be shown or hidden based on your preference.
- Color Customization: You can change the color of each Fibonacci level and background fills to suit your chart preferences.
Fibonacci Levels
- The main Fibonacci levels plotted are:
- 0.236 – Minor support/resistance level
- 0.382 – Moderate retracement level
- 0.5 – Midpoint retracement, often used as a key level
- 0.618 – Golden ratio, considered one of the most important Fibonacci levels
- 0.764 – Strong reversal level, often indicating a continuation or change in trend
Background Fill
- The indicator allows you to fill the background between the Fibonacci levels and the bands with customizable colors. This makes it easier to visually highlight key zones on the chart.
How the Indicator Works:
AdvancedLines (FiboBands) - PaSKaL calculates the range (difference between the highest high and the lowest low) over a user-defined number of bars (e.g., 300). Fibonacci levels are derived from this range, helping traders identify potential price reversal points.
Mathematical Basis :
Fibonacci retracement levels are based on the Fibonacci sequence, where each number is the sum of the previous two (0, 1, 1, 2, 3, 5, 8, 13, etc.). The ratios derived from this sequence (such as 0.618 and 0.382) have been widely observed in nature, market cycles, and price movements. These ratios are used to forecast potential price retracements or continuation points after a major price move.
Fibonacci Levels Calculation :
Identify the Range: The highest high and the lowest low over the defined period are calculated.
Apply Fibonacci Ratios: Fibonacci ratios (0.236, 0.382, 0.5, 0.618, and 0.764) are applied to this range to calculate the corresponding price levels.
Plot the Levels: The indicator automatically plots these levels on your chart.
Customizing Fibonacci Levels & Colors:
The "AdvancedLines (FiboBands) - PaSKaL" indicator offers various customization options for Fibonacci levels, colors, and visibility:
Fibonacci Level Ratios:
- You can customize the Fibonacci level ratios through the following inputs:
- Fibo Level 1: 0.764
- Fibo Level 2: 0.618
- Fibo Level 3: 0.5
- Fibo Level 4: 0.382
- Fibo Level 5: 0.236
- These levels determine key areas where price may reverse or pause. You can adjust these ratios based on your trading preferences.
Fibonacci Level Colors:
- Each Fibonacci level can be assigned a different color to make it more distinguishable on your chart:
- Fibo Level 1 Color (default: Yellow)
- Fibo Level 2 Color (default: Orange)
- Fibo Level 3 Color (default: Green)
- Fibo Level 4 Color (default: Red)
- Fibo Level 5 Color (default: Blue)
- You can change these colors to fit your visual preferences or to align with your existing chart themes.
Visibility of Fibonacci Levels:
- You can choose whether to display each Fibonacci level using the following visibility inputs:
- Show Fibo Level 1 (0.764): Display or hide this level.
- Show Fibo Level 2 (0.618): Display or hide this level.
- Show Fibo Level 3 (0.5): Display or hide this level.
- Show Fibo Level 4 (0.382): Display or hide this level.
- Show Fibo Level 5 (0.236): Display or hide this level.
- This allows you to customize the indicator according to the specific Fibonacci levels that are most relevant to your trading strategy.
Background Fill Color
- The background between the Fibonacci levels and price bands can be filled with customizable colors:
- Fill Color for Upper Band & Fibo Level 1: This color will fill the area between the upper band and Fibonacci Level 1.
- Fill Color for Lower Band & Fibo Level 5: This color will fill the area between the lower band and Fibonacci Level 5.
- Adjusting these colors helps highlight critical zones where price may reverse or consolidate.
How to Use AdvancedLines (FiboBands) - PaSKaL in Trading :
Range Trading :
Range traders typically buy at support and sell at resistance. Fibonacci levels provide excellent support and resistance zones in a ranging market.
Example: If price reaches the 0.618 level in an uptrend, it may reverse, providing an opportunity to sell.
Conversely, if price drops to the 0.382 level, a bounce might occur, and traders can buy, anticipating the market will stay within the range.
Trend-following Trading :
For trend-following traders, Fibonacci levels act as potential entry points during a retracement. After a strong trend, price often retraces to one of the Fibonacci levels before continuing in the direction of the trend.
Example: In a bullish trend, when price retraces to the 0.382 level, it could be a signal to buy, as the price might resume its upward movement after the correction.
In a bearish trend, retracements to levels like 0.618 or 0.764 could provide optimal opportunities for shorting as the price resumes its downward movement.
Scalping :
Scalpers focus on short-term price movements. Fibonacci levels can help identify precise entry and exit points for quick trades.
Example: If price is fluctuating in a narrow range, a scalper can enter a buy trade at 0.236 and exit at the next Fibonacci level, such as 0.382 or 0.5, capturing small but consistent profits.
Stop-Loss and Take-Profit Levels :
Fibonacci levels can also help in setting stop-loss and take-profit levels.
Example: In a bullish trend, you can set a stop-loss just below the 0.236 level and a take-profit at 0.618.
In a bearish trend, set the stop-loss just above the 0.382 level and the take-profit at 0.764.
Identifying Reversals and Continuations :
Reversals: When price reaches a Fibonacci level and reverses direction, it may indicate the end of a price move.
Trend Continuation: If price bounces off a Fibonacci level and continues in the same direction, this may signal that the trend is still intact.
Conclusion :
AdvancedLines (FiboBands) - PaSKaL is an essential tool for any trader who uses Fibonacci retracements in their trading strategy. By automatically plotting key Fibonacci levels, this indicator helps traders quickly identify support and resistance zones, forecast potential reversals, and make more informed trading decisions.
For Trend-following Traders: Use Fibonacci levels to find optimal entry points after a price retracement.
For Range Traders: Identify key levels where price is likely to reverse or bounce within a range.
For Scalpers: Pinpoint small price movements and take advantage of quick profits by entering and exiting trades at precise Fibonacci levels.
By incorporating AdvancedLines (FiboBands) - PaSKaL into your trading setup, you will gain a deeper understanding of price action, improve your decision-making process, and enhance your overall trading performance.
Day of Week Performance█ OVERVIEW
The Day of Week Performance indicator is designed to visualise and compare the cumulative percentage change for each day of the week. This indicator explores one of the many calendar based anomalies in financial markets.
In financial analysis, a calendar based anomaly refers to recurring patterns or tendencies associated with specific time periods, such as days of the week. By calculating the cumulative percentage change for each day (Monday through Friday) and displaying the results both graphically and in a summary table, this indicator helps identify whether certain days consistently outperform others.
█ FEATURES
Customisable time window via Time Settings.
Calculates cumulative percentage change for each day (Monday to Friday) separately.
Option to use Sunday instead of Friday for CFDs and Futures analysis.
Distinct visual representation for each day using unique colours.
Customisable table settings including position and font size.
Built-in error checks to ensure the indicator is applied on a Daily timeframe.
█ HOW TO USE
Add the indicator to a chart set to a Daily timeframe.
Select your desired Start Time and End Time in the Time Settings.
Toggle the performance table on or off in the Table Settings.
Adjust the table’s location and font size as needed.
Use the "Use Sunday instead of Friday" option if your market requires it.
View the cumulative performance plotted in distinct colours.
Colour Scheme:
Monday: Blue
Tuesday: Red
Wednesday: Green
Thursday: Orange
Friday: Purple
Custom BOS/CHoCH, Order Blocks, FVG by OPB TRADESIdentify break of structube, change of character (Potential trend reversal) and fair value gaps
Simple EMA Crossover Strategy
Calculates the 35-period and 100-period EMAs.
Detects when the EMA 35 crosses above (crossover_up) or below (crossover_down) the EMA 100.
Plots both EMAs on the chart for visual reference.
Implements the strategy logic:
Enters a long position when EMA 35 crosses above EMA 100.
Exits the long position when EMA 35 crosses below EMA 100.
Plots buy (green triangle) and sell (red triangle) signals on the chart.
backtest 2 years 1 hour timeframe (194% proffit max drawdown 30%)
Bionic -- Heiken-Ashi Candles Separate PanelThis allow the use of Heiken Ashi Candles in a its own, separate panel, allowing use of backtesting with Heiken Ashi and confluence/filter for use with other strategies.
AwAc OscillatorThis indicator combines the Awesome Oscillator and the Accelerator Oscillator, allowing you to select either of them. It can be particularly useful when you want to utilize both oscillators along with the Parabolic SAR to develop a powerful trading strategy.
Strategy Overview
In the strategy described below, the Parabolic SAR should be added to the main chart.
Short Trade Criteria
The Awesome Oscillator turns red.
The Accelerator Oscillator turns red.
The Parabolic SAR is above the current candle.
All conditions for a short trade must be met below the 200 EMA.
Action: Go short at the opening of the next candle.
Long Trade Criteria
The Awesome Oscillator turns green.
The Accelerator Oscillator turns green.
The Parabolic SAR is below the current candle.
All conditions for a long trade must be met above the 200 EMA.
Action: Go long at the opening of the next candle.
Nifty 50 Relative Strength Indicator🔍 Overview
The Nifty 50 Relative Strength Indicator helps traders identify NSE stocks that are outperforming the Nifty 50 Index while ensuring that they are not overextended beyond key levels. It is designed for trend-following, breakout traders, and Minervini SEPA strategy users who want to trade strong stocks at the right time without chasing overextended moves. 🚀
This indicator is displayed in a separate pane (below RSI) and provides clear labels & alerts for identifying strong stocks within a safe trading range.
📊 Features & Benefits
1️⃣ Relative Strength vs. Nifty 50
🔹 Compares the stock’s performance against Nifty 50
🔹 Identifies when a stock is outperforming the market
2️⃣ RS Line & 50-SMA
📈 Blue Line (RS Line) → Tracks stock’s strength vs. Nifty 50
📉 Red Line (RS 50-SMA) → Helps smooth out RS trend
3️⃣ RS New Highs = Strong Momentum
🔹 Highlights when RS Line is making new highs (bullish confirmation)
4️⃣ Avoid Overextended Stocks 🚨
❌ Stocks that are more than 25% above their 50-SMA are ignored
✅ Ensures safe entry points for strong stocks
5️⃣ Labels for Easy Decision Making
🟢 "✅ Within Range" Label → Stock is in a safe buy zone
🔴 "❌ Not Within Range" Label → Stock is too extended, avoid chasing
6️⃣ Background Highlighting
🔹 Blue Background = Stock is outperforming Nifty 50 & in the right price range
🔹 No color? The stock is either weak or too extended
7️⃣ Alerts for Trading Automation
📢 Get notified when:
✅ A stock outperforms Nifty 50 & is within range
⚠️ A stock is overextended (more than 25% above 50-SMA)
📢 How to Use
1️⃣ Apply this indicator on any NSE stock
2️⃣ Check the label in the separate pane:
✅ Green: Within Range (Safe Trade Setup)
❌ Red: Not Within Range (Avoid Entry)
3️⃣ Use the RS Line to confirm strong stocks making new highs
4️⃣ Enable Alerts for breakout opportunities
⚡ Ideal For
✅ Breakout Traders (Minervini SEPA, CANSLIM, Trend Following)
✅ Swing & Position Traders Looking for Strong Stocks
✅ Trend Followers Avoiding Weak & Extended Stocks
✅ Nifty 50 & NSE Stock Traders
🔗 Add This to Your TradingView Now!
This AI-powered Relative Strength indicator simplifies stock selection & keeps your trades within the right risk-reward zones.
💬 Let us know your feedback & improvements! Happy Trading! 🔥
🚀 #TradingView #RelativeStrength #Minervini #BreakoutTrading #Nifty50 #TrendFollowing #StockMarket #AITrading
Enhanced Trading StrategyHow the Script Works
1️⃣ SuperTrend Indicator (Trend Direction)
The script calculates Average True Range (ATR) to measure market volatility.
It then derives upper and lower trend levels to determine the SuperTrend direction:
If price is above the lower trend level, the trend is bullish (1).
If price is below the upper trend level, the trend is bearish (-1).
2️⃣ Moving Averages for Trend Confirmation
Uses Short Moving Average (SMA-9) and Long Moving Average (SMA-21) to confirm trends.
Bullish crossover (SMA-9 crosses above SMA-21) → Buy signal.
Bearish crossover (SMA-9 crosses below SMA-21) → Sell signal.
3️⃣ RSI for Overbought/Oversold Conditions
Relative Strength Index (RSI-14) helps identify momentum.
If RSI < 70, it's not overbought, making it safer to buy.
If RSI > 30, it's not oversold, making it safer to sell.
4️⃣ Stop Loss & Take Profit Mechanism
Stop Loss: Limits losses by exiting if price falls 2% below buy price.
Take Profit: Locks in gains if price rises 4% above buy price.
Exit trades when RSI conditions or price levels hit the stop loss/take profit.
How It Analyzes the Chart
Identifies market trend (SuperTrend).
Filters trends with Moving Averages to avoid false signals.
Uses RSI to confirm if an asset is overbought or oversold.
Sets automatic buy/sell alerts with stop-loss and take-profit levels.
✅ Buy Signal:
Short MA crosses above Long MA
RSI below 70 (not overbought)
SuperTrend is bullish (1)
❌ Sell Signal:
Short MA crosses below Long MA
RSI above 30 (not oversold)
SuperTrend is bearish (-1)
Final Thoughts
This strategy combines trend-following (SuperTrend & MA) with momentum analysis (RSI) to minimize false signals and improve trading accuracy. It's suitable for stocks, forex, crypto, or any financial market. 🚀
Heiken Ashi + ATR StrategyStrategy: Heiken Ashi + Super Trend Reversal (STR) for TradingView
This strategy combines Heiken Ashi candles and the Super Trend Reversal (STR) indicator to detect trend shifts and generate buy/sell signals. It is designed to minimize noise, making it ideal for trend-following traders in Forex, Stocks, and Crypto.
Strategy Logic
🔹 Entry Condition (Buy)
A long position is opened when:
Heiken Ashi candle turns green (indicating bullish momentum).
Super Trend Reversal (STR) confirms a buy signal (price is above the STR support level).
🔻 Exit Condition (Sell)
The position closes when:
Heiken Ashi candle turns red (indicating bearish pressure).
Super Trend Reversal (STR) confirms a sell signal (price is below the STR resistance level).
Risk Management (Stop Loss & Take Profit)
This strategy uses ATR (Average True Range) for dynamic risk management:
✔ Stop Loss: 1.5 × ATR below entry price
✔ Take Profit: 3 × ATR above entry price
This ensures a risk-reward ratio of 1:2, maximizing profit potential.
Indicators Used
1️⃣ Heiken Ashi Candles → Smoothed price action for clearer trend detection.
2️⃣ Super Trend Reversal (STR) → A volatility-based trend-following indicator.
3️⃣ ATR (Average True Range) → Measures market volatility to adjust stop-loss and take-profit dynamically.
How to Use This Strategy in TradingView
Go to TradingView
Open the Pine Script Editor
Paste the Pine Script Code (provided earlier)
Run the strategy
Backtest it on different timeframes & markets
Best Timeframes & Markets
✅ Works best on trending markets (Forex, Crypto, Stocks).
✅ Recommended timeframes: 1H, 4H, Daily for optimal results.
Why This Strategy Works Well?
✔ Filters market noise using Heiken Ashi for smoother trends.
✔ Combines trend confirmation with STR for higher accuracy.
✔ Uses ATR-based stop-loss & take-profit for optimized risk management.
✔ Easy to use with visual Buy/Sell signals.
🚀 Try it on TradingView now and optimize it for your favorite asset! 🚀
Triple EMA Crossover v.13 EMA Crossover
This script, Triple EMA Crossover v.1, is a technical indicator designed for trading analysis. It calculates and plots three Exponential Moving Averages (EMAs) with customizable lengths and colors. The script highlights crossover events between the 13-period and 21-period EMAs, changing the EMA colors dynamically to green on a bullish crossover and red on a bearish crossover.
Key features include:
Crossover Signals: Identifies buy (bullish) and sell (bearish) signals when the 13 EMA crosses above or below the 21 EMA while the 8 EMA confirms the trend direction.
Dynamic Coloring & Glow Effect: EMAs change colors based on trend direction, with a shaded area between them for better visualization.
Arrow Markers: Displays arrows at crossover points, with an option to enable or disable them.
VWAP Integration: Option to display the Volume-Weighted Average Price (VWAP) for additional trend analysis.
Alerts: Generates alerts for bullish and bearish crossover signals.
This script helps traders visually identify trend shifts and potential trade opportunities efficiently.
OmniPulse (Fixed Version)OmniPulse (Fixed Version) – Description
OmniPulse is a multi-indicator framework designed to combine three core oscillators—RSI, Stochastic, and Momentum—at various lookback lengths, then refine their signals using placeholder features such as machine learning forecasting, adaptive cycle detection, and neural network filtering. While some of these advanced features are not natively supported in Pine Script, they are represented here in simplified forms to illustrate how a more sophisticated system could be structured.
Key Components:
Multi-Length Oscillator Arrays
RSI (calcrsi() function)
Stochastic (placeholder via ta.sma() on a typical price average)
Momentum (ta.roc())
These are calculated for multiple lengths defined by the rsiLengths, stochLengths, and momentumLengths arrays.
Dual-Threshold Convergence
Compares each oscillator’s value to user-defined upper/lower thresholds (threshold1, threshold2) to identify bullish or bearish conditions.
Summarizes results in a convergence score.
Placeholder Machine Learning Forecast
Demonstrates a simple averaging of oscillator values as a “forecast” when toggled on.
Adaptive Cycle Detection (Placeholder)
Introduces a static cycle period (e.g., 20.0) as a placeholder for more advanced transforms.
Neural Network Filter (Placeholder)
Averages convergence, forecast, and cyclePeriod into a single filteredSignal.
Signal Plotting
Plots the filtered signal on the chart.
Highlights potential bullish or bearish extremes with shape markers based on percentile thresholds.
Practical Use & Extension:
Real Multi-Timeframe Analysis: Replace placeholders with request.security() for each timeframe.
Advanced Forecasting: Incorporate custom or external machine learning models.
Genuine Cycle Detection: Implement more sophisticated logic or user-defined cycle detection tools.
Neural Network Heuristics: Expand the placeholder step into a deeper filtering or weighting system.
Overall, OmniPulse serves as an adaptable blueprint for traders and developers, showcasing how multiple indicators and advanced concepts might be combined into a cohesive, signal-generating framework.
MIMA with Shaded Fibonacci Zones It is a combined sma settings that have a bigger weight on the most recent price movements that are meant to be used when at the background colors (which identifiy fibonnaci levels on a higher time frame). At that point, use the smaller MIMas to identify the begining of the movement and the higher ones to identify bigger trends, or support and resistance levels
Month of Year Performance█ OVERVIEW
The Month of Year Performance indicator is designed to visualize and compare the cumulative percentage change for each month of the year. By aggregating monthly returns, it helps uncover seasonal trends and potential anomalies in financial markets.
In financial analysis, a calendar based anomaly refers to recurring patterns or tendencies associated with specific time periods, such as days of the week. By calculating the cumulative percentage change for each month (January through December) and displaying the results both graphically and in a summary table, this indicator helps identify whether certain months
consistently outperform others.
█ FEATURES
Customisable time window via Time Settings.
Calculates cumulative percentage change for each month (January to December) separately.
Built-in error check to ensure the indicator is applied on a Monthly timeframe.
Distinct visual representation for each month using unique colours.
Customisable table settings including location and font size.
Displays a performance summary table with metrics such as performance, average return, % positive, and count.
█ HOW TO USE
Add the indicator to a chart set to a Monthly timeframe.
Select your desired Start Time and End Time in the Time Settings.
Toggle the performance table on or off in the Table Settings.
Adjust the table’s location and font size as needed.
View the cumulative monthly performance plotted in distinct colours.
Colour Scheme:
January: Blue
February: Red
March: Green
April: Orange
May: Purple
June: Fuchsia
July: Teal
August: Yellow
September: Navy
October: Lime
November: Maroon
December: Aqua
Moving Volume DensityMoving Volume Density (MVD) is a custom TradingView indicator written in Pine Script™ (version 6) that blends volume analysis with price range data to offer a unique perspective on market dynamics. By measuring the total volume over a specified period and relating it to the price range during the same interval, this indicator provides valuable insights into the concentration of trading activity relative to price movement.
Key Features:
User-Defined Period: The indicator uses an input period (default 20 bars) to calculate both the total volume and the price range. This flexibility allows you to tailor the analysis to your preferred timeframe.
Volume Calculation: It computes the sum of the volume over the defined period, capturing the cumulative trading activity.
Price Range Determination: The indicator identifies the highest high and the lowest low within the period, calculating the price range (difference between the two). This range serves as the denominator in the density calculation.
Volume Density Computation: Volume Density is derived by dividing the total volume by the price range. This metric reveals how concentrated the volume is within the observed price movement. To prevent division errors, the calculation returns 'NA' when the price range is zero.
Visual Representation: The resulting Volume Density is plotted as a line on a separate sub-window, making it easy to compare with other indicators or overlay your analysis.
「Moving Volume Density (MVD) インジケーター」は、Pine Script™（バージョン6）で作成されたカスタムインジケーターです。出来高の分析と、指定期間内の高値・安値による価格レンジの情報を組み合わせることで、市場のダイナミクスに対する独自の視点を提供します。指定された期間内の合計出来高とその期間内の価格レンジの比率から、価格変動に対する出来高の集中度を示す指標となります。
主な特徴:
ユーザー定義の期間: インジケーターは、入力された期間（デフォルトは20本のバー）を基に、合計出来高と価格レンジ（最高値と最安値の差）の両方を計算します。これにより、ご自身の分析に合わせた柔軟な設定が可能です。
出来高の計算: 指定期間内の全出来高を合計することで、累積的な取引活動を把握します。
価格レンジの算出: 期間内の最高値と最安値を取得し、その差を価格レンジとして算出。このレンジは、出来高密度の計算における分母として使用されます。
出来高密度の計算: 合計出来高を価格レンジで割ることで、出来高がどれだけ価格変動内に集中しているかを示す「出来高密度」を求めます。なお、価格レンジがゼロの場合はゼロ除算を避けるため「NA」を返す設計となっています。
視覚的な表現: 計算結果はサブウィンドウにラインとしてプロットされ、他のインジケーターとの併用や比較が容易に行えます。
